PYMNTS

MAY 31, 2016

Last week, the FBI published a report confirming the fact – the data noting that, in 2015, ransomware attacks left businesses and individuals feeling the burn of more than $1.6 In the “2015 Internet Crime Report,” Randall C. Many security experts believe paying hackers only encourages the criminals to do the same to others.

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PYMNTS

FEBRUARY 17, 2020

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Our number one goal was making sure that process was as frictionless as possible while making sure that we [offered] a fully secure process.”. Overcoming legacy systems.

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TheGuardian

MAY 30, 2020

Investigation into hacked bank files reveals £100m business empire owned by family of former Azerbaijan minister Eldar Mahmudov A string of luxury properties, including a £17m home near Harrods, were acquired by the children of Azerbaijan’s former security chief, an investigation has revealed. Continue reading.

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PYMNTS

DECEMBER 11, 2017

Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S.

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PYMNTS

FEBRUARY 13, 2019

The Securities and Exchange Commission (SEC) charged a former Apple lawyer with illegal insider trading on Wednesday (Feb. According to the SEC complaint, he was “responsible for Apple’s compliance with securities laws.”. 13), according to a report by CNBC. He was terminated in September. District Court of New Jersey.

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PYMNTS

JULY 14, 2017

Cisco has made yet another move in the enterprise network security space, announcing the acquisition of Observable Networks, reports in TechCrunch said Thursday (July 13). Louis-based startup that provides real-time network behavioral monitoring for corporate IT teams to be able to detect potential network security breaches.

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Abrigo

JANUARY 13, 2015

According to Palm Springs FCU President & CEO Debbi Pitigliano, the drive was provided to the NCUA and contained members’ personal information, including names, addresses and social security numbers. Enhanced data security measures aren’t the only new rules being considered by the NCUA in 2015.

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PYMNTS

FEBRUARY 14, 2017

Roxane Dibol, EVP and GM of Website Security at Symantec, said in a press release, “Through its support for Encryption Everywhere, BigCommerce is ensuring its merchant base can compete effectively and provide a world-class shopping experience that is both trusted and secure.”.

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PYMNTS

JANUARY 15, 2019

“The problem we continue to see are these services operating in total isolation to one another, which often means the corporate is faced with exposure to security, greater risk and complexity in day-to-day operations,” he said in a statement. AccessPay’s platform solves a big pain point for large corporates.”

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PYMNTS

DECEMBER 5, 2018

When the data of 15 million T-Mobile customers was stolen in 2015, the mobile firm’s CEO immediately went into damage control mode. Unfortunately, because this area of security and risk mitigation is relatively new, especially for legacy FIs, Simkins said there is still much that security experts have to figure out.

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PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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Security Payments Boston Fraud 100

PYMNTS

AUGUST 7, 2019

2015: The year the Fed launched its 500-person Faster Payments Task Force. And, in retail, malls are looking for innovations with new uses for old commerce spaces. All this, Today In Data. Data: 250,000: Estimated number of data records lost or stolen every hour.

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BankInovation

APRIL 22, 2022

QuadFi, founded in 2015, uses artificial intelligence (AI), machine learning, and data analytics to provide lending solutions to customers with thin or non-existent credit. Canadian digital lender QuadFi has raised $100 million in debt financing, the fintech announced Wednesday.

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PYMNTS

APRIL 1, 2016

PayPal thwarted a security vulnerability that would have enabled malicious emails to be sent from its platform thanks to its bug bounty program. 2015 and was able to publish his findings after PayPal developed a patch and deployed it this month. Mejri notified PayPal about the vulnerability in Oct.

Security 100

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Celent Banking

SEPTEMBER 18, 2015

With that in mind, I’ll describe my very-high level takeaways of Finovate Fall 2015, held earlier this week at the New York Hilton. Security and Fraud were prominent, as was the concept of components, often enabled by APIs. But they’re also time away from the office, and, to be honest, not every minute is completely productive.

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PYMNTS

OCTOBER 27, 2016

percent in 2015, outpacing the growing global card volume. 20.6% | The growth percentage of global fraud in 2015. According to The Nilson Report stated, this means that for every $100 in volume, 6.97 cents was fraudulent. The number doesn’t come at too much of a surprise considering fraud itself grew by 20.6 market accounted for.

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Fraud Data Cards Report 100

PYMNTS

DECEMBER 20, 2018

has lowered its security deposits that go to Visa and Mastercard, reported RT.com. According to a report in RT.com , the move is being taken by converting domestic banking transactions to Russia’s payment system MIR, which it launched in 2015. Promsvyazbank, the Russian state bank that was hit by sanctions by the U.S.,

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Security System Report Cards 115

PYMNTS

MAY 4, 2016

Bluefin Payment Systems, which offers point-to-point encryption (P2PE) solutions to several industries, including retail and health care, said on Tuesday (May 3) that it will also add the Visa Data Secure Platform (DSP) to its portfolio, through its Decryption-as-a-Service P2PE Solution.

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PYMNTS

MAY 4, 2016

According to researchers, small businesses lost an average of more than $12,000 in 2015 due to back-office fraud. Small businesses are increasingly targeted by cyberthieves looking for easy prey. A new report from JAVELIN has uncovered the price of being an easy target. Collectively, analysts said the financial impact amounted to $3.1

Security 100

Security Fraud Tools Analytics 100

Jack Henry

DECEMBER 30, 2015

Organizations continue to spend thousands (if not tens of thousands of dollars) on technical security controls (firewalls, intrusion detection/prevention systems, anti-virus/anti-malware programs, encryption, access management, virtual private networks, etc.) to create strong security controls using a defense in depth strategy.

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PYMNTS

JULY 14, 2016

Payments security is usually not a wellspring for belly laughs. In June, the company said that it is launching the next phase of its Security Pays initiative , which traces its genesis to August of last year and, at present, includes more than 1,000 of Vantiv’s partners around the United States.

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PYMNTS

DECEMBER 29, 2016

New reports are surfacing that N26 , the German FinTech company formerly known as Number26, may have security holes in its mobile-only banking product. According to Reuters , a security researcher discovered that the bank’s mobile apps expose users to the threat of account hijacking.

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Perficient

MARCH 2, 2021

The Federal Reserve is now expanding the definition of financial institutions to include: swap dealers and security-based swap dealers; 1. major swap participants (MSPs) and major security-based swap participants (MSBSPs); 2. major swap participants (MSPs) and major security-based swap participants (MSBSPs); 2. 1 See 7 U.S.C.

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PYMNTS

FEBRUARY 2, 2017

Sift Science has just released its latest research on how businesses combat security threats, and its report, published last week, offers insight into how the issue of cybersecurity takes many shapes within the enterprise. Wishful Thinking.

Fraud 100

Fraud Security Payments Survey 100

Perficient

DECEMBER 29, 2020

Organizations leveraging Drupal need to consider the ongoing maintenance and upgrades required to keep Drupal secure and enable your authors with new features and modules. Regardless of the major version of Drupal, it’s important to continue to quickly apply patches associated with security bulletins.

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Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

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cryptocurrency Regulation Management Bitcoin 332

PYMNTS

SEPTEMBER 29, 2017

The EU’s PI licensing requirements are especially stringent, with strict requirements on PI infrastructure, shareholder qualifications, Know Your Customer (KYC) and AML policies and information security programs. To date, only 10 companies have obtained the license in Luxembourg.

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PYMNTS

DECEMBER 12, 2019

The CEO of Shopin, a blockchain-powered startup, has pleaded guilty to securities fraud related to $42.5 have said they were the first seed investors in the company in 2015 and invested about $30,000. million in an initial coin offering, according to a report by Reuters. Frank Amato and RGB Coin Ltd.

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PYMNTS

MARCH 1, 2019

Security strategies. Faster payments aren’t all doom and gloom, though, and proper security measures can help businesses reap the benefits of real-time payments schemes with fewer detriments. in 2015 and were used in most of the country’s banks by 2016. Behavioral biometrics became widespread in the U.K.

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Security Payments Fraud Cards 134

ZootBlog

DECEMBER 14, 2015

In 2015, the financial industry made a point to enhance the customer experience by leveraging massive amounts of data from phone calls, emails, mobile apps, ATMs, and websites. Regulations forced the issue, and the deadline for issuers and retailers to comply was October 1, 2015, or face liability for fraud losses. Advanced Analytics.

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Mobile Customer Experience Analytics social media 70

PYMNTS

MARCH 1, 2016

29) that it has brought on board Amazon’s former chief security officer, Tom Killalea. WSJ noted that “especially valuable” is Killalea’s experience within the customer service arena, with security complementing expansion efforts by Capital One into data usage and software development, among other areas.

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Capital Security Data Software 100

Bank Innovation

SEPTEMBER 21, 2017

Financial services company SWIFT announced today that it has mitigated four additional capital depositories onto its Target2 Securities, or T2S, network. The four CSDs, which will start live operations on SWIFT T2S, marks the last four to move to the network since the migration plan first begun in June 2015.

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Capital Security Operations Company 225

PYMNTS

JULY 19, 2018

s TrueLayer has secured a new round of funding, while Lativa’s Robo.cash and LLP Zaymer are working together to provide an opportunity to invest in installment loans. LLP Zaymer is familiar with the market: It has worked on non-banking lending in Kazakhstan since 2015. “We teaming up to launch Razer Pay in Singapore.

Security 100

Security Lending US Payments 100

Independent Banker

FEBRUARY 24, 2016

Security fears about online banking may be impairing your community bank’s ability to grow demand deposit accounts. A 2015 survey from the credit and data reporting firm Experian revealed that more than 70 percent of respondents feared having their identity stolen when using personal banking sites. By Kevin Tynan.

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PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption.

Security 100

Security CA Payments Big Data 100

PYMNTS

DECEMBER 30, 2020

Securities and Exchange Commission filed a lawsuit against Ripple for trading the cryptocurrency without registering it as a security. Ripple maintains “XRP is a currency, as the DOJ and FinCEN determined in 2015.”. Binance said in a blog post that it will suspend XRP trading on Jan.

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Bitcoin cryptocurrency Security Regulation 251

PYMNTS

DECEMBER 7, 2017

The Federal Reserve had a payments study issued in 2015 that did not tally fraud, but only discussed it subjectively, perhaps as the data may have proven disheartening. And though the web may offer convenience, it offers not much in the way of security. Studies abound on the impact of payments fraud, said Volmar.

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